What is a Donor Advised Fund? A Donor Advised Fund (or “DAF”) is the quickest, easiest, and most cost effective way for anyone to establish a charitable Family Foundation. Among other benefits, it enables families to focus on the fun and meaningful activities (charitable giving), and outsource the tedious issues […]

When Should You Talk to Your Children About Money And Your Estate? Children and money are a tough blend. One or both are at the root of either conflict or oneness in marriage. What should you tell your children about your estate? How much do you tell them about your […]

The Family Office The “Family Office” is a tool that has long been used by the “ultra-wealthy.” It’s primary function is to consolidate control of family wealth. Such control is, by its nature, necessarily a business activity. In other words, the Family Office runs the business of managing the family […]

STATEMENTS OF WISHES IDENTIFYING VALUES, CREATING INCENTIVES, ESTABLISHING POLICIES Statements of Wishes Statements of Wishes, or what is sometimes called a Letter of Wishes, have long been used in international trusts and off-shore planning. Historically they derived from Testamentary Trusts. For decades, we have used them with inter vivos trusts or living […]